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BUSINESS

BUSINESS latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Drake & Scull International PJSC
March 23rd, 2017 - 06:46 GMT

Drake and Scull signs-off the sale deal of its ownership share in the ONE PALM development in Dubai

UK decision bans passengers flying from Queen Alia Airport to London from carrying laptops, tablets and large phones in the cabin
March 23rd, 2017 - 06:39 GMT

UK decision bans passengers flying from Queen Alia Airport to London from carrying laptops, tablets and large phones in the cabin

During the event
March 23rd, 2017 - 06:33 GMT

Qatar University project wins Qatar National Research Fund Competition

During the event
March 23rd, 2017 - 06:24 GMT

HE Saeed Mohammed Al Tayer reviews work progress in the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park

Emir of Kuwait Sheikh Sabah Al-Sabah and Turkish President Recep Tayyip Erdogan during the signing ceremony in Ankara. (QNA)
March 23rd, 2017 - 06:00 GMT

Kuwait, Turkey sign agreements in military, tourism and Syrian refugee crisis

Syrian army troops near the war-torn ancient city of Palmyra. (AFP/File)
March 23rd, 2017 - 05:00 GMT

UAE announces $15M donation to safeguard heritage sites in war zones

The UAE aims to increase the number of UAE nationals working in the private sector by tenfold by the year 2021. (File photo)
March 23rd, 2017 - 05:00 GMT

More jobs for Emiratis this year at Careers UAE 2017

The Mediterranean city came out at number 1 in a readers-chosen survey conducted by Travel and Leisure.
 (Shutterstock)
March 22nd, 2017 - 04:15 GMT

Beirut named the world's number 1 food destination

Egypt is raising the fees for its multiple entry visa from US$25 to US$60. (File photo)
March 22nd, 2017 - 04:00 GMT

Egypt to raise visa entry fees

'Mint' links up with your bank accounts and credit cards and breaks down your expenses into different categories. (Web/Charlie White)
March 22nd, 2017 - 03:48 GMT

5 life-changing apps that will help you save money, stick to a budget and get organized

Step #1: Be aware of your special circumstances. (File photo)
March 22nd, 2017 - 03:07 GMT

Dealing with a career crisis? Here are 4 steps to set you back on track

The train will cover the distance between Jeddah and Mecca in 30 minutes. (Shutterstock)
March 22nd, 2017 - 03:00 GMT

High-speed train connecting Mecca-Medina-Jeddah will see the light in 2018: Saudi Railways

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